Quarry
This query is : Resolved
13 June 2014
In a proprietory firm, can proprietor avoid depreciation on a building???
13 June 2014
no friend...you cannot. rather, even if you dont claim depreciation on the assets, AO shall provide for the same regardless of your claims
13 June 2014
Sir I m talking about a small treading firm
With turnover near rs 60-70 lakhs
With turnover near rs 60-70 lakhs
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